secwatch.observer — SEC 8-K summary
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Issuer:     Nuo Therapeutics, Inc. (AURX)
CIK:        0001091596
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001437749-23-021942
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuo Therapeutics raises $1.035M in private placement at $2.00/share; insiders participate
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- Gross proceeds of $1,035,000 from sale of 517,500 shares of common stock at $2.00 per share.
- Participants include director Scott Pittman ($200k), COO Peter Clausen ($50k), stockholder Charles Sheedy ($125k).
- Proceeds will be used for working capital purposes.
- Post-offering outstanding shares are 42,316,516.
- Shares sold in unregistered transaction under Section 4(a)(2) and Rule 506.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1091596/000143774923021942/0001437749-23-021942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1091596/000143774923021942/aurx20230802_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-021942

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer